noun patient self-control; restraint and tolerance
adjective forbearing or tolerant
Forbearance may be relevant in the context of mortgage loans, where lenders may offer forbearance options to homeowners facing difficulty in making their mortgage payments.
Forbearance is a legal agreement between a borrower and a lender where the lender agrees not to exercise its legal right to enforce the terms of a loan.
Forbearance refers to a temporary postponement of loan payments, often granted by lenders to borrowers facing financial hardship.
Forbearance can be used as a strategy to manage debt by allowing borrowers to temporarily pause or reduce their loan payments.
In the context of writing, forbearance may refer to the ability to hold back from making quick judgments or criticisms about a topic, allowing for a more thoughtful and nuanced approach to writing.
Psychologists may use forbearance in their practice to remain patient and understanding when working with clients who are facing challenging situations or exhibiting difficult behaviors.
For financial advisors, forbearance could involve refraining from making impulsive investment decisions on behalf of clients and instead taking a more measured and strategic approach to managing their portfolios.
In the legal field, forbearance may be important when dealing with opposing parties or difficult clients, requiring lawyers to exercise patience and restraint in order to achieve the best possible outcomes for their clients.
Medical professionals may need to practice forbearance when working with patients who are non-compliant with treatment plans, requiring them to remain calm and understanding while encouraging patients to make healthier choices.